Strengthening Public Finance and Financial Markets in Iraq
Consulting services for strengthening public finance and financial markets in Iraq: comprising four work packages. Work Package 1: Legal and Regulatory Framework for IFF Prevention, including review of existing laws and regulations against FATF standards, drafting of at least four legislative or regulatory reform proposals, facilitation of national consultation workshops in Federal Iraq and the KRI, support for formal submission and adoption processes, development of compliance manuals, supervisory guidance, and training material. Work Package 2: Capacity Building for Public and Private Sector Institutions, including design and delivery of a minimum of four one-week training modules and annual training programmes (2026-2028) in Federal Iraq and the KRI, training of at least 160 participants from public and private sector institutions (of whom at least 40 percent women), and pre- and post-training assessments and certification of participants. Work Package 3: Adaptation of Regulatory Frameworks for Digital Financial Services (DFS), Virtual Asset Service Providers (VASPs), and Money Exchange Dealers (MXDs) in Federal Iraq and the Kurdistan Region of Iraq (KRI), including gap analysis of existing legal, regulatory, and supervisory frameworks, recommendations for alignment with FATF standards, risk-based prioritization of DFS, MXDs, and VASPs oversight in alignment with international best practices and FATF recommendations, and knowledge transfer through workshops, technical training, and advisory support. Work Package 4: Technical Support to Integrity and Anti-Corruption Bodies, including expert advisory services to the Federal Commission of Integrity and the KRI Integrity Commission(s), development of a regional practical guide on parallel financial investigations in corruption cases, and capacity development sessions and ongoing coaching.
Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH
·Eschborn